Legacy Family

DOUGLAS K. FREEMAN is chief executive officer of IFF Advisors, Inc. and founder of the law firm, Freeman, Freeman& Smiley, LLP.  DR LEE HAUSNER is president of IFF Advisors, Inc., and served as the senior psychologist for the Beverly Hills Unified School District for 19 years.

"A must-read for every financial family." - Sara Hamilton, Founder and CEO, Family Office Exchange "The encyclopedia of how to keep a family together for at least a hundred years." - Joseph A. Field, Partner, Withers LLP "The Legacy Familyis an invaluable roadmap for multigenerational families and their advisors. The authors address multigenerational wealth in all dimensions - both human capital as well as financial capital." - Kathryn M. McCarthy, Independent Advisor to Families and Family Offices and former Managing Director, Rockefeller & Co., Inc. "Silence is golden no longer - especially when it comes to a family with substantial assets. How to deal with conflict, how to find a better way to communicate - this is expressed in down-to-earth language with real solutions as only co-author Lee Hausner, long admired for her candor, can deliver so clearly!" - Charlotte B. Beyer, Founder & CEO, Institute for Private Investors

• IntroductionRoadmap to a Legacy FamilyThe Family ConstitutionFamily CommunicationsThe Family MeetingFamily GovernanceFamily Wealth PlanningThe Family BankFamily Shared AssetsThe Family FoundationFinancial Competency and Life Skill TrainingFamily Business SuccessionHandling ConflictThe Brain TrustTaking the First StepAppendix: Useful ToolsFamily Strategic Planning IssuesSample Family ConstitutionSample Family Meeting Agenda and TopicsCommon Feeling WordsFamily Conflicts in Wealth Planning Issues and Triggers ChecklistSample Family Shared Asset AgreementComparisons Between Private Foundations and Donor Advised FundsTen Frequently Asked Questions Regarding Foundation Governance and ManagementFinancial Competency ChecklistReference Books and Reading List